Manufacturing is among the sectors worst hit by the UK’s growing skills gap, which is beginning to impact the business’ bottom line, with losses to the UK economy in the billions. Dave Atkinson, Head of Manufacturing at Lloyds Bank, discusses how manufacturers can alleviate their skills challenges and futureproof their talent pipeline.
Over the past few years, many businesses have been plagued by labour shortages. However, as one of the most rapidly evolving sectors, manufacturing has been hit particularly hard by the skills gap crisis. Make UK and BDO’s latest Regional Manufacturing Outlook highlights a shortage of almost 74,000 factory workers, costing the UK economy around £6.5bn.…
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